Good morning. I welcome you all to the first policy of 2026. We are only in the second month of the new year and have already witnessed momentous actions on the geopolitical and trade-tariff fronts. 2. Amidst heightened geo-political tensions and elevated uncertainty, the Indian economy is in a good spot with strong growth and low inflation. Inflation remains below the tolerance band and its outlook continues to be benign. High frequency indicators suggest continuation of the strong growth momentum in Q3:2025-26 and beyond. With the signing of a landmark trade deal with the European Union and the US trade agreement in sight, growth momentum is likely to be sustained for a longer period.

Statement on Developmental and Regulatory Policies This Statement sets out various developmental and regulatory policy measures relating to (i) Regulations; (ii) Payments System; (iii) Financial Inclusion; (iv) Financial Markets; and (v) Capacity Building. I. Regulations 1. Advertising, Marketing and Sales of Financial Products and Services by Regulated Entities (REs)

Monetary Policy Decisions The Monetary Policy Committee (MPC) held its 59th meeting from February 4 to 6, 2026, under the chairmanship of Shri Sanjay Malhotra, Governor, Reserve Bank of India. The MPC members Dr. Nagesh Kumar, Shri Saugata Bhattacharya, Prof. Ram Singh, Dr. Poonam Gupta and Shri Indranil Bhattacharyya attended the meeting.

(Amount in ₹ Crore, Rate in Per cent) MONEY MARKETS@ Volume (One Leg) Weighted Average Rate Range A. Overnight Segment (I+II+III+IV) 6,58,580.59 4.30 0.01-5.70 I. Call Money 14,402.18 5.03 4.40-5.15 II. Triparty Repo 4,72,526.15 4.30 4.00-4.95 III. Market Repo 1,66,385.26 4.21 0.01-5.70 IV. Repo in Corporate Bond 5,267.00 4.79 4.37-5.50 B. Term Segment I. Notice Money** 121.50 5.02 4.45-5.10 II. Term Money@@ 788.00 - 5.40-5.75 III. Triparty Repo 765.00 4.74 4.55-5.09

भारतीय रिज़र्व बैंक (आरबीआई) ने 2 फरवरी 2026 के आदेश द्वारा, दौण्ड अर्बन को-ऑपरेटिव बैंक लिमिटेड, दौण्ड, महाराष्ट्र (बैंक) पर भारतीय रिज़र्व बैंक द्वारा जारी ‘साख सूचना रिपोर्टिंग’ संबंधी कतिपय निदेशों के अननुपालन के लिए ₹5,000/- (पाँच हजार रुपये मात्र) का मौद्रिक दंड लगाया है। यह दंड, प्रत्यय विषयक जानकारी कंपनी (विनियमन) अधिनियम, 2005 की धारा 23 के साथ पठित धारा 25 के प्रावधानों के अंतर्गत भारतीय रिज़र्व बैंक को प्रदत्त शक्तियों का प्रयोग करते हुए लगाया गया है।

The Reserve Bank of India (RBI) has, by an Order dated February 03, 2026, imposed a monetary penalty of ₹2 lakh (Rupees Two Lakh only) on Agartala Co-operative Urban Bank Limited, Agartala, Tripura (bank) for non-compliance with certain directions issued by RBI on ‘Exposure Norms and Statutory/ Other Restrictions - UCBs’. This penalty has been imposed in exercise of powers conferred on RBI under the provisions of Section 47A(1)(c) read with Sections 46(4)(i) and 56 of the Banking Regulation Act, 1949.

I. Summary OMO Purchase Results Aggregate Amount (Face value) notified by RBI : ₹50,000 crore Total amount offered (Face value) by participants : ₹87,161 crore Total amount accepted (Face value) by RBI : ₹50,000 crore

प्रतिभूति 6.75% जीएस 2029 6.28% जीएस 2032 7.18% जीएस 2033 6.79% जीएस 2034 6.33% जीएस 2035 6.92% जीएस 2039 7.09% जीएस 2054 अधिसूचित कुल राशि ₹50,000 करोड़ की कुल राशि (प्रतिभूति-वार कोई अधिसूचित राशि नहीं) भारतीय रिज़र्व बैंक द्वारा स्वीकृत कुल राशि (अंकित मूल्य) (₹ करोड़ में) 9,873 3,562 20,346 4,091 6,768 1,780 3,580 कट ऑफ प्रतिफल (%) 6.0702 6.5237 6.6828 6.7065 6.5941 7.0040 7.3443 कट ऑफ मूल्य (₹) 102.31 98.73 102.90 100.53 98.18 99.25 96.98 विस्तृत परिणाम शीघ्र ही जारी किये जायेंगे।

भारतीय रिज़र्व बैंक (आरबीआई) ने 4 फरवरी 2026 के आदेश द्वारा, विनायक कैपसेक प्राइवेट लिमिटेड (कंपनी) पर भारतीय रिज़र्व बैंक द्वारा जारी 'शेयरधारिता प्राप्त करने अथवा नियंत्रण’ संबंधी कतिपय निदेशों के अननुपालन के लिए ₹1 लाख (एक